Advanced Search
MyIDEAS: Login to save this article or follow this journal

Why Were Workers Whipped? Pain in a Principal-Agent Model

Contents:

Author Info

  • Chwe, Michael Suk-Young
Registered author(s):

    Abstract

    One reason a person hurts another is to get that person to do something. This paper uses a model to show that threatening pain can be rational and that pain is inflicted upon people who are poor in the sense of having bad alternatives. The model corrects a confusion in previous models of slavery; gives an explanation of why child, and not adult, laborers were beaten during the industrial revolution; and prompts a discussion of the dangers of rational-choice modeling. Copyright 1990 by Royal Economic Society.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://links.jstor.org/sici?sici=0013-0133%28199012%29100%3A403%3C1109%3AWWWWPI%3E2.0.CO%3B2-U&origin=bc
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Royal Economic Society in its journal The Economic Journal.

    Volume (Year): 100 (1990)
    Issue (Month): 403 (December)
    Pages: 1109-21

    as in new window
    Handle: RePEc:ecj:econjl:v:100:y:1990:i:403:p:1109-21

    Contact details of provider:
    Postal: Office of the Secretary-General, School of Economics and Finance, University of St. Andrews, St. Andrews, Fife, KY16 9AL, UK
    Phone: +44 1334 462479
    Email:
    Web page: http://www.res.org.uk/
    More information through EDIRC

    Order Information:
    Web: http://www.blackwellpublishers.co.uk/asp/journal.asp?ref=0013-0133

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Olivella, P. & Aron, D.J., 1991. "Bonuses and Penalties as Equilibrium Incentive Devices, with Application to Manufacturing Systems," UFAE and IAE Working Papers 153.91, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    2. Card, David & Dahl, Gordon B., 2010. "Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior," IZA Discussion Papers 4869, Institute for the Study of Labor (IZA).
    3. Bester, Helmut & Münster, Johannes, 2013. "Subjective Evaluation versus Public Information," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 399, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    4. Kaushik Basu, 1999. "Child Labor: Cause, Consequence, and Cure, with Remarks on International Labor Standards," Journal of Economic Literature, American Economic Association, vol. 37(3), pages 1083-1119, September.
    5. Jonathan Conning, 2004. "The Causes of Slavery or Serfdom and the Roads to Agrarian Capitalism: Domar's Hypothesis Revisited," Economics Working Paper Archive at Hunter College 401, Hunter College Department of Economics.
    6. Andrew Newman & Philip Bond, 2004. "Prohibitions on Punishments in Private Contracts," Econometric Society 2004 North American Winter Meetings 143, Econometric Society.
    7. Bloch, Francis & Rao, Vijayendra, 1999. "Terror as a Bargaining Instrument : A Case-Study of Dowry Violence in Rural India," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1999020, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    8. Haluk I. Ergin & Serdar Sayan, 1997. "A Microeconomic Analysis of Slavery in Comparison to Free Labor Economies," Economic History 9710001, EconWPA.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ecj:econjl:v:100:y:1990:i:403:p:1109-21. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.